MUMBAI, India, Jan. 23 -- Intellectual Property India has published a patent application (202521106493 A) filed by Bhagyashree Chittaranjan Nayak; Dr. Artiben Kamleshbhai Patel; Nilofar Masummiya Shaikh; Govind Langariya; Mehul Donga; Dr. Itikela Shyam Sundar; Dr. Ajit Singh Tomar; and Dr. Revanayya, Surat, Gujarat, on Nov. 4, 2025, for 'blockchain-based secure transaction mechanism.'
Inventor(s) include Bhagyashree Chittaranjan Nayak; Dr. Artiben Kamleshbhai Patel; Nilofar Masummiya Shaikh; Govind Langariya; Mehul Donga; Dr. Itikela Shyam Sundar; Dr. Ajit Singh Tomar; and Dr. Revanayya.
The application for the patent was published on Jan. 23, under issue no. 04/2026.
According to the abstract released by the Intellectual Property India: "The invention proposes a blockchain based secure transaction mechanism to facilitate strong, transparent and efficient digital transaction over distributed and hybrid systems. It uses a combination of the identity authentication, hybrid consensus algorithms and zero-knowledge proof protocols in a multi-layered structure which ensures tamper-proof validation and auditability in real time. Data are all stored in cryptographically verifiable envelopes for confidentiality and integrity. By using a combination of Proof of Authenticity and Federated Byzantine Agreement protocol, the invention is able to accomplish a scalable performance with a low energy consumption. The system addresses cross-chain interoperability, smart contract automation, and privacy-preserving transaction verification and overcomes the limitations of current blockchain solutions and creates a secure environment for financial, commercial, and data-driven applications."
Disclaimer: Curated by HT Syndication.
